Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Lancaster Colony: Q2 Earnings Insights

 

Lancaster Colony (NASDAQ:LANC) reported its Q2 earnings results on Thursday, February 3, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Check out this: Insiders Buying Charter Communications And 3 More Stocks

Earnings

Lancaster Colony missed estimated earnings by 16.11%, reporting an EPS of $1.25 versus an estimate of $1.49, which surprised analysts.

Revenue was up $53.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.4, which was followed by a 1.36% drop in the share price the next day.

Here's a look at Lancaster Colony's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.51 1.31 1.24 1.44
EPS Actual 1.11 1.15 1.05 1.62
Revenue Estimate 408.20M 368.29M 340.02M 362.82M
Revenue Actual 392.06M 385.57M 357.25M 375.01M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.